Dorian Company produces and sells a single product. The product sells for $60 per unit and has a contribution margin ratio of 40%. The company's monthly fixed expenses are $28,800.
-If Dorian Company desires a monthly net operating income equal to 10% of sales, monthly sales will have to be:
A) $90,000
B) $45,600
C) $120,000
D) $96,000
Correct Answer:
Verified
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